Guess again, or see the real answer here.
You can’t sue your credit card company in court. You have to use a private “arbitrator” to settle any disputes. But – surprise – arbitrators side with credit card companies over 90% of the time. Read more about “Forced Arbitration” in this report from Public Citizen (PDF).
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For too long, the rules of Wall Street have been written by the bankers themselves. The result was the financial crisis that cost Americans millions of jobs, along with billions in taxpayer-funded bailouts, and trillions of dollars in pension funds, home values, and retirement savings.
We are a coalition of more than 250 national, state and local groups who have come together to reform the financial industry. Members of our coalition include consumer, civil rights, investor, retiree, community, labor, religious and business groups as well as economists and other experts. See who's in the coalition.